eMusic’s financial backers are looking to sell the company, with Best Buy and Rhapsody among the potential acquirers, according to a report in the New York Post. “They started out looking for financing, but after Apple bought LaLa they began thinking that some of that pixie dust would sprinkle onto them,” one source tells the paper, while eMusic boss Danny Stein says “We’re opportunistic stewards of capital… If an offer was made that created value for our shareholders we’d listen to it.” The same report suggests that if a buyer isn’t found, eMusic may add streaming music elements in an effort to re-kickstart its growth.
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Tools: platforms to help you reach new audiences
Tools :: Wyng
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